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Monday, October 17, 2011

EU Said to Be Close to Deal for Curbs on Naked Sovereign CDS

Oct. 17 (Bloomberg) -- The European Union is close to an agreement to insert an optional ban on naked credit-default swaps on sovereign debt into a draft law on short selling, under plans to be discussed by government officials and lawmakers tomorrow, ... EU Said to Be Close to Deal for Curbs on Naked Sovereign CDS